EQUINOR ASA-SPON ADR (EQNR) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:EQNR - US29446M1027 - ADR
22.99 USD
-0.38 (-1.63%)
22.99 USD
0 (0%)
We assign a fundamental rating of 6 out of 10 to EQNR. EQNR was compared to 209 industry peers in the Oil, Gas & Consumable Fuels industry. While EQNR belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. EQNR is valued quite cheap, but it does not seem to be growing. This makes EQNR very considerable for value investing!
1. Profitability
1.1 Basic Checks
EQNR had positive earnings in the past year.
In the past year EQNR had a positive cash flow from operations.
Of the past 5 years EQNR 4 years were profitable.
EQNR had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of EQNR (4.22%) is comparable to the rest of the industry.
EQNR has a Return On Equity of 14.13%. This is in the better half of the industry: EQNR outperforms 77.03% of its industry peers.
The Return On Invested Capital of EQNR (23.19%) is better than 97.13% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for EQNR is significantly above the industry average of 20.88%.
The last Return On Invested Capital (23.19%) for EQNR is well below the 3 year average (33.97%), which needs to be investigated, but indicates that EQNR had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.22% | ||
| ROE | 14.13% | ||
| ROIC | 23.19% |
ROA(3y)11.06%
ROA(5y)6.92%
ROE(3y)32.85%
ROE(5y)20.85%
ROIC(3y)33.97%
ROIC(5y)25.77%
1.3 Margins
EQNR's Profit Margin of 5.35% is in line compared to the rest of the industry. EQNR outperforms 46.41% of its industry peers.
In the last couple of years the Profit Margin of EQNR has grown nicely.
EQNR has a better Operating Margin (27.99%) than 69.38% of its industry peers.
EQNR's Operating Margin has improved in the last couple of years.
EQNR has a Gross Margin (48.66%) which is in line with its industry peers.
In the last couple of years the Gross Margin of EQNR has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 27.99% | ||
| PM (TTM) | 5.35% | ||
| GM | 48.66% |
OM growth 3Y-8.38%
OM growth 5Y5.28%
PM growth 3Y-3.8%
PM growth 5Y23.92%
GM growth 3Y-5.36%
GM growth 5Y-0.73%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so EQNR is creating value.
EQNR has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, EQNR has less shares outstanding
The debt/assets ratio for EQNR is higher compared to a year ago.
2.2 Solvency
An Altman-Z score of 2.44 indicates that EQNR is not a great score, but indicates only limited risk for bankruptcy at the moment.
The Altman-Z score of EQNR (2.44) is better than 73.68% of its industry peers.
The Debt to FCF ratio of EQNR is 4.56, which is a neutral value as it means it would take EQNR, 4.56 years of fcf income to pay off all of its debts.
With a decent Debt to FCF ratio value of 4.56, EQNR is doing good in the industry, outperforming 66.99% of the companies in the same industry.
A Debt/Equity ratio of 0.62 indicates that EQNR is somewhat dependend on debt financing.
With a Debt to Equity ratio value of 0.62, EQNR perfoms like the industry average, outperforming 40.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.62 | ||
| Debt/FCF | 4.56 | ||
| Altman-Z | 2.44 |
ROIC/WACC3.37
WACC6.89%
2.3 Liquidity
A Current Ratio of 1.23 indicates that EQNR should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.23, EQNR is in line with its industry, outperforming 55.98% of the companies in the same industry.
A Quick Ratio of 1.12 indicates that EQNR should not have too much problems paying its short term obligations.
EQNR has a Quick ratio (1.12) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.23 | ||
| Quick Ratio | 1.12 |
3. Growth
3.1 Past
EQNR shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -28.57%.
The Earnings Per Share has been growing by 16.82% on average over the past years. This is quite good.
The Revenue has been growing slightly by 2.15% in the past year.
Measured over the past years, EQNR shows a quite strong growth in Revenue. The Revenue has been growing by 10.24% on average per year.
EPS 1Y (TTM)-28.57%
EPS 3Y-2.27%
EPS 5Y16.82%
EPS Q2Q%-53.16%
Revenue 1Y (TTM)2.15%
Revenue growth 3Y4.92%
Revenue growth 5Y10.24%
Sales Q2Q%2.14%
3.2 Future
EQNR is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -0.15% yearly.
The Revenue is expected to decrease by -4.76% on average over the next years.
EPS Next Y-13.97%
EPS Next 2Y-4.37%
EPS Next 3Y-0.36%
EPS Next 5Y-0.15%
Revenue Next Year-0.07%
Revenue Next 2Y-3.52%
Revenue Next 3Y-1.85%
Revenue Next 5Y-4.76%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
EQNR is valuated reasonably with a Price/Earnings ratio of 9.91.
Based on the Price/Earnings ratio, EQNR is valued cheaply inside the industry as 81.82% of the companies are valued more expensively.
EQNR is valuated cheaply when we compare the Price/Earnings ratio to 26.49, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 7.73, the valuation of EQNR can be described as very cheap.
Based on the Price/Forward Earnings ratio, EQNR is valued cheaper than 89.95% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of EQNR to the average of the S&P500 Index (23.69), we can say EQNR is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.91 | ||
| Fwd PE | 7.73 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, EQNR is valued cheaply inside the industry as 99.04% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, EQNR is valued cheaper than 83.73% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.5 | ||
| EV/EBITDA | 1.24 |
4.3 Compensation for Growth
The decent profitability rating of EQNR may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.59
EPS Next 2Y-4.37%
EPS Next 3Y-0.36%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 6.34%, EQNR is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 5.71, EQNR pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.31, EQNR pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.34% |
5.2 History
On average, the dividend of EQNR grows each year by 24.62%, which is quite nice.
EQNR has paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)24.62%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
101.05% of the earnings are spent on dividend by EQNR. This is not a sustainable payout ratio.
EQNR's earnings are declining while the Dividend Rate has been growing. This means the dividend growth is most likely not sustainable.
DP101.05%
EPS Next 2Y-4.37%
EPS Next 3Y-0.36%
22.99
-0.38 (-1.63%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners21.2%
Inst Owner Change14.81%
Ins Owners0%
Ins Owner ChangeN/A
Market Cap57.70B
Revenue(TTM)107.07B
Net Income(TTM)5.73B
Analysts49.44
Price Target24.82 (7.96%)
Short Float %3.71%
Short Ratio7.56
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.34% |
Yearly Dividend3.02
Dividend Growth(5Y)24.62%
DP101.05%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-18.96%
Min EPS beat(2)-36.86%
Max EPS beat(2)-1.06%
EPS beat(4)0
Avg EPS beat(4)-18.46%
Min EPS beat(4)-36.86%
Max EPS beat(4)-1.06%
EPS beat(8)3
Avg EPS beat(8)-7.11%
EPS beat(12)6
Avg EPS beat(12)-0.27%
EPS beat(16)8
Avg EPS beat(16)0.87%
Revenue beat(2)2
Avg Revenue beat(2)9.54%
Min Revenue beat(2)8.5%
Max Revenue beat(2)10.59%
Revenue beat(4)3
Avg Revenue beat(4)7.52%
Min Revenue beat(4)-0.15%
Max Revenue beat(4)11.14%
Revenue beat(8)5
Avg Revenue beat(8)3.15%
Revenue beat(12)6
Avg Revenue beat(12)-1.48%
Revenue beat(16)10
Avg Revenue beat(16)-0.2%
PT rev (1m)-2.6%
PT rev (3m)-4.33%
EPS NQ rev (1m)3.03%
EPS NQ rev (3m)-5.15%
EPS NY rev (1m)-1.01%
EPS NY rev (3m)-9.37%
Revenue NQ rev (1m)2.13%
Revenue NQ rev (3m)0.65%
Revenue NY rev (1m)0.03%
Revenue NY rev (3m)0.87%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.91 | ||
| Fwd PE | 7.73 | ||
| P/S | 0.54 | ||
| P/FCF | 8.5 | ||
| P/OCF | 2.84 | ||
| P/B | 1.42 | ||
| P/tB | 1.69 | ||
| EV/EBITDA | 1.24 |
EPS(TTM)2.32
EY10.09%
EPS(NY)2.97
Fwd EY12.94%
FCF(TTM)2.71
FCFY11.77%
OCF(TTM)8.08
OCFY35.16%
SpS42.66
BVpS16.15
TBVpS13.59
PEG (NY)N/A
PEG (5Y)0.59
Graham Number29.03
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.22% | ||
| ROE | 14.13% | ||
| ROCE | 29.35% | ||
| ROIC | 23.19% | ||
| ROICexc | 29.7% | ||
| ROICexgc | 32.3% | ||
| OM | 27.99% | ||
| PM (TTM) | 5.35% | ||
| GM | 48.66% | ||
| FCFM | 6.34% |
ROA(3y)11.06%
ROA(5y)6.92%
ROE(3y)32.85%
ROE(5y)20.85%
ROIC(3y)33.97%
ROIC(5y)25.77%
ROICexc(3y)49.28%
ROICexc(5y)37.09%
ROICexgc(3y)53.02%
ROICexgc(5y)40%
ROCE(3y)44.25%
ROCE(5y)33.68%
ROICexgc growth 3Y-4.25%
ROICexgc growth 5Y16.79%
ROICexc growth 3Y-3.9%
ROICexc growth 5Y18.15%
OM growth 3Y-8.38%
OM growth 5Y5.28%
PM growth 3Y-3.8%
PM growth 5Y23.92%
GM growth 3Y-5.36%
GM growth 5Y-0.73%
F-Score5
Asset Turnover0.79
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.62 | ||
| Debt/FCF | 4.56 | ||
| Debt/EBITDA | 0.6 | ||
| Cap/Depr | 113.26% | ||
| Cap/Sales | 12.6% | ||
| Interest Coverage | 44.4 | ||
| Cash Conversion | 48.43% | ||
| Profit Quality | 118.62% | ||
| Current Ratio | 1.23 | ||
| Quick Ratio | 1.12 | ||
| Altman-Z | 2.44 |
F-Score5
WACC6.89%
ROIC/WACC3.37
Cap/Depr(3y)119.04%
Cap/Depr(5y)96.27%
Cap/Sales(3y)9.19%
Cap/Sales(5y)11.03%
Profit Quality(3y)100.41%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-28.57%
EPS 3Y-2.27%
EPS 5Y16.82%
EPS Q2Q%-53.16%
EPS Next Y-13.97%
EPS Next 2Y-4.37%
EPS Next 3Y-0.36%
EPS Next 5Y-0.15%
Revenue 1Y (TTM)2.15%
Revenue growth 3Y4.92%
Revenue growth 5Y10.24%
Sales Q2Q%2.14%
Revenue Next Year-0.07%
Revenue Next 2Y-3.52%
Revenue Next 3Y-1.85%
Revenue Next 5Y-4.76%
EBIT growth 1Y-3.66%
EBIT growth 3Y-3.87%
EBIT growth 5Y16.06%
EBIT Next Year29.65%
EBIT Next 3Y5.75%
EBIT Next 5Y1.93%
FCF growth 1Y-57.61%
FCF growth 3Y-27.45%
FCF growth 5Y17.48%
OCF growth 1Y-22.67%
OCF growth 3Y-11.3%
OCF growth 5Y7.9%
EQUINOR ASA-SPON ADR / EQNR FAQ
What is the ChartMill fundamental rating of EQUINOR ASA-SPON ADR (EQNR) stock?
ChartMill assigns a fundamental rating of 6 / 10 to EQNR.
Can you provide the valuation status for EQUINOR ASA-SPON ADR?
ChartMill assigns a valuation rating of 8 / 10 to EQUINOR ASA-SPON ADR (EQNR). This can be considered as Undervalued.
Can you provide the profitability details for EQUINOR ASA-SPON ADR?
EQUINOR ASA-SPON ADR (EQNR) has a profitability rating of 7 / 10.
What is the valuation of EQUINOR ASA-SPON ADR based on its PE and PB ratios?
The Price/Earnings (PE) ratio for EQUINOR ASA-SPON ADR (EQNR) is 9.91 and the Price/Book (PB) ratio is 1.42.
Can you provide the financial health for EQNR stock?
The financial health rating of EQUINOR ASA-SPON ADR (EQNR) is 5 / 10.